Cheap Apartments for Rent in the Park Place Neighborhood of Norfolk, VA from $400 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Park Place area of Norfolk.

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201 Twenty One
$1,625 - $2,260
Total Monthly Price

Total Monthly Price

Base Rent
$1,625 - $2,260

Total Monthly Price
$1,625 - $2,260
Studio to 2 Bedroom Apartments Available Jul 20

201 Twenty One

201 W 21st StNorfolk, VA 23517
Corporate Housing
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  • Customer Reviewed
  • Utilities Included
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WINDSOR MANOR
1 to 2 Bedroom Apartments

WINDSOR MANOR

828-832 Gates AveNorfolk, VA 23517
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claremont
1 Bedroom Apartments

claremont

1602 Claremont AveNorfolk, VA 23507

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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527 W 37th St
2 Bedroom Apartments

527 W 37th St

527 W 37th StNorfolk, VA 23508
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Chenman Lofts
1 to 2 Bedroom Apartments

Chenman Lofts

619-633 W 24th StNorfolk, VA 23517
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B+G Place
1 to 3 Bedroom Apartments

B+G Place

2607 Colonial AveNorfolk, VA 23517
  • Utilities Included
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Tidewater Square
1 to 3 Bedroom Apartments

Tidewater Square

529 W 24th StNorfolk, VA 23517
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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First Colony Flats
1 to 2 Bedroom Apartments

First Colony Flats

204 W 22nd StNorfolk, VA 23517
Student Housing
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The Depot
1 to 3 Bedroom Apartments

The Depot

2202 Llewellyn AveNorfolk, VA 23517
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710-722 E 29th St
2 Bedroom Apartments

710-722 E 29th St

710-722 E 29th StNorfolk, VA 23504
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Camden Court
2 Bedroom Apartments

Camden Court

500 Spotswood AveNorfolk, VA 23517
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The Broadmoor
Studio to 2 Bedroom Apartments

The Broadmoor

918 W Princess Anne RdNorfolk, VA 23507
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Fairview Apartments
1 Bedroom Apartments

Fairview Apartments

3807 Granby StNorfolk, VA 23504
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3910 Bowden's Ferry Rd
1 Bedroom Apartments

3910 Bowden's Ferry Rd

3910 Bowden's Ferry RdNorfolk, VA 23508
  • Utilities Included

Park Place, Norfolk, VA Local Guide

Cheapest Available Park Place Apartments for Rent

 

The cheapest available apartment rental in the Park Place area of Norfolk, VA is a 1 Bed unit found at Tidewater Square priced from $1,579. First Colony Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. Here are the most affordable Park Place apartments for rent in Norfolk, VA:

Apartment ListingModel NameBed/BathPriced From
Tidewater SquareTidewater Square Unit 411BR,1BA$1,579
First Colony FlatsFirst Colony Flats Unit 3051BR,1BA$1,595
The Point on 38th ApartmentsThe Clove1BR,1BA$1,878

Best Value Apartments for Rent in Park Place, VA

As of July 12, 2026 the best value apartment in the Park Place area is the $1.40 price per square foot 708 W 36th St Model at 708 W 36th St, Unit 1 in the in the Edgewater neighborhood starting from $1,400. The second greatest value Park Place apartment is the 308 31st W St Model at 308 31st W St, Unit F starting at $1,375 with a $1.72 price per square foot in the Edgewater neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
708 W 36th St, Unit 1708 W 36th St2BR,1BA$1.40
308 31st W St, Unit F308 31st W St2BR,1BA$1.72
Tidewater SquareTidewater Square Unit 411BR,1BA$2.49
The Point on 38th ApartmentsThe Clove1BR,1BA$3.03
First Colony FlatsFirst Colony Flats Unit 3051BR,1BA$2.65

Beyond the Dorms: Finding the Best Off-Campus Living in Norfolk

Find your perfect Norfolk apartment! This comprehensive guide details the best student neighborhoods (like Ghent, Chelsea, and Highland Park), top restaurants, and entertainment near NSU, ODU, and EVMS.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Park Place, Norfolk, VA

Ranked #133

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life article

The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life

Written by: James W. Vickers

Norfolk, Virginia, experienced a surprising population decline to 238,005 residents in the 2020 census, considering its low cost of living and high quality of life index. Renting an apartment falls well below the national average.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.